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According to accounting standards, depreciation expense affects the values of businesses and entities because the accumulated depreciation disclosed for each asset will reduce its book

According to accounting standards, depreciation expense affects the values of businesses and entities because the accumulated depreciation disclosed for each asset will reduce its book value on the balance sheet. What is the major difference between how accountants and property valuers understand the concept of depreciation of assets, such as motor vehicles, factory tools, and computers?

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